2 Otis Street, Hingham, MA 02043

2 Otis Street Hingham MA 02043
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Owner Information
Owner 1
Mangia Realty Trust
Owner 2
Owner's Address
C/O Edward A Kane Trustee, 2 Otis Street Hingham, MA 02043
Market Sale Information
Most recent sale date
9/13/1991
Previous sale date
01/01/1900
Transfer document #
10480-0294
Previous transfer document
0000-0000
Grantor
Rea Lame
Previous grantor
Trist Ch Tu
Most recent sale price
$500,000.00
Previous sale price
$0.00
Site Information
Property ID
50-0-45
Lot Size
0.24
Use Code
326 - Eating and Drinking Establishments
Zoning
XX
Building Style
Restaurant
Number of Rooms
0
Stories
1
Number of Beds
0
Year Built
1948
Number of full baths
0
Condition
Number of half baths
Finished Area
3486
Number of Kitchen
Gross Living Area
3486
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Vinyl
Solar Hot Water
No
Roof Structure
Flat
Heating type
Oil
Roof Cover
Tar & Gravel
Heating fuel
Forced Air-Duc
Frame type
Masonry
Air Condition (%)
Sidings
Stucco
Assessment Information
Fiscal Year
2023
Land Value
$397,000.00
Total value
$900,300.00
Building value
$503,300.00
Estimated tax
$9,003.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 2 Otis Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $143.43 Style Restaurant Age 1948 Rooms 0 Bedrooms 0 Full baths 0 Half baths Gross Living Area 3486 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.24 Roof Cover Tar & Gravel AEM Value - Building $503,300.00 AEM Value - Land $397,000.00 AEM Value - Other $0.00 AEM Value - Total $900,300.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Otis Street 9/13/1991 $500,000 0 Restaurant 3,486 0.24 0 0- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Mailing Labels
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Otis Street 9/13/1991 $500,000 0 Restaurant 3,486 0.24 0 0- -
  Criteria
A 8 North Street 9/26/2006 $1 0.0 Restaurant 2,360 0.03 0 0-
B 7 Cottage Street 6/14/2005 $870,000 0.0 Historical 3,119 0.6 4 2-1
C 15 North Street 3/28/1995 $250,000 0.0 Restaurant 2,574 0.46 0 0-
D 3 Otis Street 8/15/2008 $900,000 0.0 Restaurant 2,827 0.21 0 0-
E 0 North Street $1 0.0 Vacant Land 0.05 -
F 6 Mill Street 7/6/2021 $100 0.0 Offc Ovr Ret 4,323 0.06 0 0-
G 14 North Street 11/3/1992 $725,000 0.0 Restaurant 10,761 0.26 0 0-
H 0 Summer Street $1 0.0 Vacant Land 0.07 -
I 19 North Street 3/4/1997 $1 0.0 Historical 3,008 0.15 4 2-0
J 16 North Street 8/1/1997 $500,000 0.0 Office Bldg 4,116 0.12 0 0-
K 3 Summer Street 2/25/2003 $305,000 0.0 Office Bldg 3,788 0.07 0 0-
L 11 Cottage Street 7/13/2017 $1 0.1 Historical 2,530 0.25 3 2-1
M 25 North Street 5/12/1995 $230,000 0.1 Multi Family 3,008 0.23 6 3-0
N 10 Cottage Street 6/8/1989 $345,000 0.1 Historical 2,807 0.32 5 3-1
O 20 North Street 6/6/2006 $725,000 0.1 Stores/apt Com 2,369 0.11 0 0-
P 4 Summer Street 6/23/1989 $1 0.1 Vacant Land 0.56 -
Q 9 Summer Street 10/6/2022 $1,075,000 0.1 Branch Bank 1,632 0.28 0 0-
R 24 North Street 5/31/2005 $810,000 0.1 Stores/apt Com 5,396 0.15 0 0-
S 29 North Street 4/30/1996 $76,000 0.1 Historical 710 0.07 2 1-0
T 14 Cottage Street 10/30/2001 $525,000 0.1 Conventional 1,805 0.14 3 1-1
U 31 North Street 5/10/2021 $100 0.1 Historical 1,438 0.1 3 2-0
V 28 North Street 7/30/2024 $750,000 0.1 Store 1,383 0.06 0 0-
W 15 Cottage Street 2/12/2007 $1 0.1 Historical 2,927 0.64 6 2-1
X 12 Cottage Street 7/18/2014 $750,000 0.1 Historical 3,267 0.44 6 4-1
Y 35 North Street 12/3/2014 $888,500 0.1 Historical 2,899 0.21 4 3-1
Z 30 North Street 3/17/1996 $240,000 0.1 Office Bldg 5,208 0.12 0 0-
- 18 Cottage Street 12/10/2010 $750,000 0.1 Historical 3,270 0.47 4 3-0
- 34 North Street 8/11/1998 $115,000 0.1 Conventional 1,500 0.08 4 2-1
- 41 North Street 1/11/2008 $210,000 0.1 Historical 1,640 0.07 4 1-0
- 12 Summer Street 10/15/1974 $60,000 0.1 Vacant Land 0.4 -
- 21 Cottage Street 5/17/2018 $1,359,000 0.1 Colonial 2,140 0.54 3 2-1
- 36 North Street 8/16/2000 $1 0.1 Service Shop 1,560 0.06 0 0-
- 0 Station Street 6/22/1948 $10 0.1 Vacant Land 4.18 -
- 45 North Street 2/5/2018 $100 0.1 Historical 2,834 0.29 6 2-1
- 22 Cottage Street 4/4/2007 $1,370,000 0.1 Historical 3,324 0.36 5 3-1
- 13 Ship Street 4/20/2018 $100 0.1 Historical 1,986 0.29 3 1-1
- 38 North Street 11/19/2014 $860,000 0.1 Stores/apt Com 3,168 0.08 2 2-
- 71 Water Street 4/7/2000 $1 0.1 Supermarket 16,233 1.6 0 0-
- 40 North Street 10/26/2007 $950,000 0.1 Office Bldg 5,109 0.11 0 0-
- 53 North Street 12/15/2006 $755,000 0.1 Office Bldg 3,109 0.22 0 0-
- 6 Green Street 1/3/2008 $535,000 0.1 Multi Family 2,448 0.18 4 2-0
- 25 Ship Street 4/29/2022 $1,462,500 0.1 Historical 3,465 0.31 5 3-1
- 31 Ship Street 7/11/2018 $1 0.1 Historical 3,096 0.57 4 3-1
- 19 Ship Street 10/10/2014 $1,401,705 0.1 Historical 3,137 0.2 4 2-1
- 11 Ship Street 7/1/2020 $1,030,000 0.1 Conventional 1,868 0.31 3 1-1
- 44 North Street 8/21/2015 $750,000 0.1 Office Bldg 2,272 0.15 0 0-
- 15 Ship Street 6/16/2022 $1,555,000 0.1 Historical 2,511 0.31 4 2-0
- 55 North Street 3/21/2007 $430,000 0.1 Colonial 1,214 0.11 3 1-1
- 9 Green Street 10/18/2019 $762,000 0.1 Historical 1,222 0.26 3 1-1
- 16 Summer Street 9/11/2008 $1,737,000 0.1 Vacant Land 0.51 -
Averages 6573 days $521,143 0.08 --- 2,827 0.35 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
50-0-45 2 Otis Street